Unpaid commercial rent bills could reach £7bn


Unpaid commercial rent bills could reach £7bn

The British Property Federation has estimated that commercial property investors could see pandemic-related rent arrears reach up to £7bn, amid reports a ban on business evictions is being extended. The BPF said that total rent unpaid for UK commercial property between late March 2020 and the end of June 2021, will be up to £7bn if the moratorium is extended and the current rate of rent non-payment continues.


Read more: Evening Standards


 

www.sardison.co.uk


Log into your account here, or click here to sign up!


Visit our website here for more news and product information, or click the button below to submit a short enquiry form for your finance needs.